Irish Pension Calculator

This calculator projects a pension fund at your chosen retirement age using Ireland's 2024 Revenue contribution rules. The age-based personal contribution limit (ranging from 15% to 40% of capped earnings of €115,000) is applied each year alongside your employer contribution to determine the total annual amount invested. The projected pot is calculated by compounding the starting balance and annual contributions at the growth rate you specify, applied at the end of each year. Tax relief is estimated at 40% for salaries above €42,000 and 20% for lower earners, approximating the marginal rate; the net cost figure shows what the maximum contribution effectively costs after relief. The 4% sustainable withdrawal rate shown is a widely used planning rule of thumb and is illustrative only.

This calculator does not model defined benefit schemes, variable employer matching rules, pension levy deductions, or the impact of investment charges (which can materially reduce real-world returns). The State Pension (Contributory) is excluded from projections and should be factored in separately. Revenue's earnings cap and age limits are confirmed for 2026 but may change in future Finance Acts. Projections are sensitive to the assumed growth rate — a 1% difference in long-run returns can significantly alter the final fund value over a multi-decade accumulation period. This tool is for illustrative planning purposes; consult a Qualified Financial Adviser (QFA) regulated by the Central Bank of Ireland before making contribution decisions.